{"schema_version":"secwatch.filing_event.v1","accession":"0001013857-25-000016","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2025-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.700017+00:00","generated_at":"2026-05-27T00:46:53.093920+00:00","sec_items":["5.02","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Pegasystems Compensation Committee approves 2025 executive bonus plan","bullets":["Plan funding based 75% on financial goals and 25% on strategic goals; threshold is 70% of target.","If Corporate Goal attainment below 70%, no bonus pool is funded; above 100% allows discretionary enhancement.","Executives may elect 50% of target bonus as RSUs at 85% of grant-date FMV, vesting fully on payout date.","RSU vesting conditioned on threshold funding and individual performance; grant expires if threshold not met.","Compensation Committee retains discretion to increase or decrease corporate funding or individual payouts."],"urls":{"canonical":"https://secwatch.observer/filing/0001013857-25-000016","json":"https://secwatch.observer/filing/0001013857-25-000016.json","markdown":"https://secwatch.observer/filing/0001013857-25-000016.md","text":"https://secwatch.observer/filing/0001013857-25-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000101385725000016/0001013857-25-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000101385725000016/pega-20250204.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T00:46:53.093920+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}